China Industrial Securities Co.Ltd(601377)
Verification opinions on Suzhou Kelida Building & Decoration Co.Ltd(603828) using some idle raised funds to temporarily supplement working capital
China Industrial Securities Co.Ltd(601377) (hereinafter referred to as " China Industrial Securities Co.Ltd(601377) " or "our company") as the sponsor of Suzhou Kelida Building & Decoration Co.Ltd(603828) (hereinafter referred to as " Suzhou Kelida Building & Decoration Co.Ltd(603828) ") non-public offering of shares in 2020, according to the administrative measures for securities issuance and listing recommendation business of China Securities Regulatory Commission (hereinafter referred to as "CSRC") According to the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds by listed companies, the stock listing rules of Shanghai Stock Exchange and the measures for the management of raised funds by listed companies of Shanghai Stock Exchange, China Industrial Securities Co.Ltd(601377) has carefully verified the temporary replenishment of working capital with some idle raised funds, The details of verification are as follows:
1、 Basic information of raised funds
Approved by the reply on approving Suzhou Kelida Building & Decoration Co.Ltd(603828) non-public development of shares (zjxk [2020] No. 2583) of China Securities Regulatory Commission, the company issued 48379625 ordinary shares (A shares) to 9 specific investors in the form of non-public offering, with an issue price of 4.32 yuan per share and a total raised capital of 208999800 yuan, After deducting the issuance expenses of RMB 6.338094 million (excluding tax), the net amount of raised funds is RMB 202.661886 million. The availability of the above raised funds has been verified by Rongcheng Certified Public Accountants (special general partnership), and a capital verification report (Rongcheng Yan Zi [2021] No. 361z0004) was issued on December 21, 2020.
2、 Basic information of investment projects with raised funds
As of January 20, 2022, the specific use of the company's non-public offering of shares to raise funds for investment projects is as follows:
Unit: RMB 10000
Name of the project to be invested in raising funds and total investment
No. capital amount investment amount
Suzhou keyidi assembled Construction Co., Ltd
1 42000.0000 11846.1886 11449.0600 company assembled decoration system and smart home project
Phase II of the historical core area of the first ring road in Xichang City
2 77797.8900 8420.0000 6500.0000 and phase II PPP project of urban lighting project
Total 119797.8900 20266.1886 17949.0600
As of January 22, 2022, the total amount of the company's use of funds raised by non-public offering of shares to purchase bank financial products that have not yet expired is 20 million yuan.
3、 Temporary replenishment of working capital with some idle raised funds
In order to meet the needs of the company's daily operation and development and improve the use efficiency of the raised funds, on the premise of ensuring the normal progress of the fund demand and the use plan of the raised funds for the investment projects, combined with the company's production and operation needs and financial situation, the company decides to use the idle raised funds of no more than 25 million yuan to temporarily supplement the working capital, The service life shall not exceed 12 months from the date of approval by the board of directors, and shall be returned to the special account for raised funds upon expiration. The company uses some idle raised funds to temporarily supplement working capital, which is conducive to solving the company's temporary working capital demand, improving the use efficiency of raised funds, reducing financial expenses and improving the company's operating efficiency. The company uses idle raised funds to temporarily supplement working capital, and there is no behavior of changing the investment direction of raised funds in a disguised form. The company will do a good job in the storage, management and use of the raised funds in strict accordance with the relevant provisions of the measures for the use and management of the raised funds. If the actual implementation progress of the raised funds project exceeds the expectation due to development needs, the company will use its own funds and bank loans to repay it in time at any time to ensure the project progress. At the same time, the company will not use idle raised funds for securities investment, and the temporarily supplemented working capital is limited to the daily operation related to the main business, and will not be used for the placement and purchase of new shares, or for the trading of stocks and their derivatives, convertible corporate bonds, etc. through direct or indirect arrangements.
The company's proposal to use idle raised funds to temporarily supplement working capital has been deliberated and adopted at the 25th meeting of the Fourth Board of directors and the 16th meeting of the Fourth Board of supervisors, and the independent directors have also expressed their independent opinions on the above supplement of working capital.
4、 Verification opinions of the recommendation institution
After verification, the recommendation institution believes that:
(I) after verification, the company's use of some idle raised funds to temporarily supplement working capital complies with the provisions of the stock listing rules of Shanghai Stock Exchange, the measures for the administration of raised funds of listed companies of Shanghai Stock Exchange (revised in 2013), the guidelines for the supervision of listed companies No. 2 - regulatory requirements for the management and use of raised funds of listed companies and other documents.
(II) the company's use of some idle raised funds to temporarily supplement working capital does not conflict with the implementation plan of the investment project with raised funds, does not affect the normal progress of the investment project with raised funds, and does not change the investment direction of raised funds in a disguised manner and damage the interests of shareholders.
(III) the company uses some idle raised funds to temporarily supplement working capital, which is conducive to improving the use efficiency of raised funds, reducing financial expenses, reducing the company's operating costs and safeguarding the interests of the company's investors.
(IV) the company's use of some idle raised funds to temporarily supplement working capital has been deliberated and approved by the company's board of directors, and the independent directors and the board of supervisors of the company have clearly agreed.
To sum up, the sponsor agrees to the company's plan to use some idle raised funds to temporarily supplement working capital.
(there is no text below, which is the seal page of China Industrial Securities Co.Ltd(601377) verification opinions on Suzhou Kelida Building & Decoration Co.Ltd(603828) using some idle raised funds to temporarily supplement working capital) sponsor representative:
Mu Baomin Wan
China Industrial Securities Co.Ltd(601377) mm / DD / yy
